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ADDHY (Addtech AB) Cyclically Adjusted Book per Share : $0.47 (As of Jun. 2024)


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What is Addtech AB Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Addtech AB's adjusted book value per share for the three months ended in Jun. 2024 was $1.130. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.47 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Addtech AB's average Cyclically Adjusted Book Growth Rate was 16.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Addtech AB was 21.40% per year. The lowest was 13.30% per year. And the median was 17.35% per year.

As of today (2024-09-22), Addtech AB's current stock price is $9.50. Addtech AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $0.47. Addtech AB's Cyclically Adjusted PB Ratio of today is 20.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Addtech AB was 28.57. The lowest was 7.44. And the median was 16.11.


Addtech AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Addtech AB's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Addtech AB Cyclically Adjusted Book per Share Chart

Addtech AB Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.48 0.49

Addtech AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.63 0.52 0.49 0.47

Competitive Comparison of Addtech AB's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, Addtech AB's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Addtech AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Addtech AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Addtech AB's Cyclically Adjusted PB Ratio falls into.



Addtech AB Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Addtech AB's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.13/132.7160*132.7160
=1.130

Current CPI (Jun. 2024) = 132.7160.

Addtech AB Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.359 100.161 0.476
201412 0.355 100.225 0.470
201503 0.331 99.950 0.440
201506 0.363 99.995 0.482
201509 0.374 100.228 0.495
201512 0.386 100.276 0.511
201603 0.331 100.751 0.436
201606 0.363 101.019 0.477
201609 0.332 101.138 0.436
201612 0.322 102.022 0.419
201703 0.357 102.022 0.464
201706 0.396 102.752 0.511
201709 0.401 103.279 0.515
201712 0.408 103.793 0.522
201803 0.472 103.962 0.603
201806 0.487 104.875 0.616
201809 0.439 105.679 0.551
201812 0.467 105.912 0.585
201903 0.495 105.886 0.620
201906 0.540 106.742 0.671
201909 0.495 107.214 0.613
201912 0.525 107.766 0.647
202003 0.571 106.563 0.711
202006 0.617 107.498 0.762
202009 0.623 107.635 0.768
202012 0.672 108.296 0.824
202103 0.700 108.360 0.857
202106 0.751 108.928 0.915
202109 0.716 110.338 0.861
202112 0.760 112.486 0.897
202203 0.762 114.825 0.881
202206 0.831 118.384 0.932
202209 0.735 122.296 0.798
202212 0.861 126.365 0.904
202303 0.918 127.042 0.959
202306 1.029 129.407 1.055
202309 0.922 130.224 0.940
202312 1.025 131.912 1.031
202403 1.063 132.205 1.067
202406 1.130 132.716 1.130

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Addtech AB  (OTCPK:ADDHY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Addtech AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.50/0.47
=20.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Addtech AB was 28.57. The lowest was 7.44. And the median was 16.11.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Addtech AB Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Addtech AB's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Addtech AB Business Description

Industry
Traded in Other Exchanges
Address
Birger Jarlsgatan 43, Box 5112, Stockholm, SWE, SE-102 43
Addtech AB is a group of businesses offering high-tech products and solutions to customers in the manufacturing and infrastructure sectors. The company's segment includes Automation; Electrification; Energy; Industrial Solutions and Process Technology. It generates maximum revenue from the Energy segment. Energy produces and sells products for electricity transmission, electrical installation, and safety products in transport.

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